Rewards Proposal in ETH PoS Plan Aligns with THORChain's Design

By Thorchain
Jan 16, 2024, 9:38 AM
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THORChain's unique design principles, including a capped number of validators, slot-based rewards, separate bond provision role, and freedom for node operators to set fees, are being acknowledged in V's updated ETH PoS proposal.​ This validation is significant for THORChain, which has had these design considerations for the past four years.​ The proposal recognizes that more validators do not necessarily translate to more decentralization.​ It also addresses the issue of one large player achieving economies of scale and capturing the network.​ THORChain's network design, built from first principles, is now being observed in other projects like Maya Protocol and Chainflip.​

Sources

Did anyone else catch that V's updated ETH PoS proposal reverts to principles that are already live in THORChain today? TC has had these design considerations from the start, 4 years ago. Massive validation for THORChain's unique design. Let's go thru them.

vitalik.eth
vitalik.eth
@VitalikButerin

A PoS simplification proposal: make a design that only requires 8192 signatures per slot (even with SSF), making the consensus implementation considerably simpler and lighter. ethresear.ch/t/sticking-to-…

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